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$1,550,000
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Property Description
Fully furnished 3BD/3BA at The Elser Hotel & Residences-Downtown Miami's premier bayfront condo with NO RENTAL RESTRICTIONS, ideal for AIRBNB or daily rentals. Enjoy stunning DIRECT water views PLUS downtown skyline views from wraparound balcony. Features 9+ ft ceilings, porcelain wood-style tile, sleek kitchen w/ Italkraft cabinetry, quartz counters, & stainless steel appliances. Exceptional amenities: cocktail bar by Jaguar Sun, Café Domino coffee lounge, 132-ft pool w/ private cabanas, outdoor theater lawn, LED movie wall, two-story wellness center w/ yoga deck + spa, co-working spaces, & sky lounge. Prime location steps from Bayfront Park, world-class dining, museums, Kaseya Center, Wynwood, & more. Schedule your tour today! The only unit with ADA for sale! more rents and more profits
Full Property Details
Full Property Details for 398 NE 5th St #1518
General
- Price: $1,550,000
- HOA FEE: $1,300/month
- Taxes: $23,078 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11887944
- Updated: 10/1/2025
- Added to Site: 109 day(s) ago
Interior
- Interior Features: Lobby, Elevator
- Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Concrete, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: Combination Tub & Shower
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Eat-in kitchen: Yes
- Dining Room: Dining/Living Room, Eat-In Kitchen
- Laundry: Washer/Dryer Hook-Up
Additional Information
- Shared Amenities: Exercise Room, Pool, Private Beach Pavilion, Private Pool, Sauna, Spa/Hot Tub
- Maint. Includes: Cable Tv, Common Area, Elevator, Hot Water, Insurance, Landscaping/Lawn Maintenance, Legal/Accounting, Parking, Pest Control Interior, Pool Service, Recreation Facilities, Reserve Fund, Roof Repairs, Security, Sewer, Trash Removal, Water
- Security/Safety: Lobby Secured, TV Camera
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, No Rv/Boats, No Trucks/Trailers
Location
- Area: Map Of Miami Dade Co. Fl.
- County: Miami-Dade County
- Subdivision: MAP OF MIAMI DADE CO. FL., THE ELSER
- Building Name: THE ELSER
Community
- Community Name: Map Of Miami Dade Co. Fl.
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Corner Unit, High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Detached
- Construction: CBS Construction
- Windows: Hurricane Shutters
- Entry Floor Number: 15
- Building Size: 1127
- Square Feet: 1,127
- Living Area: 1,127 Sq. Ft.
- Year Built: 2023
- Property Condition: New Construction
Lot Features
- Property View: Bay
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,375.33
- Association Fee: $1,300
- Assoc Fee Freq.: Monthly
- Tax Amount: $23,078
- Tax Year: 2024
- Terms: All Cash, Conventional, Cryptocurrency, Owner Will Carry
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 1518 UNDIV 0.2854% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Auto Parking On, No Trucks/Rv'S
- Inclusions: None
- Property ID: 01-41-37-078-5800
Listed by EXP Realty LLC
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Schools
Schools serving 398 NE 5th St #1518
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frederick R. Douglass Elementary School 314 Northwest 12th Street, Miami, FL 33136 | PK-5 | 0.9 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2.1 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 398 NE 5th St #1518
Date
Details
Price
Change
Source
9/30/2025
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 398 NE 5th St #1518
Year
Property Taxes
Change
Tax Assessment
Change
2024
$21,924
-9%
$1,151,991
-7%
2023
$24,190
—
$1,238,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 398 NE 5th St #1518
398 NE 5th St #1518, Miami, FL 33132 (MLS# A11887944) is a Condo property with 3 bedrooms and 3 full bathrooms. 398 NE 5th St #1518 is currently listed for $1,550,000 and was received on September 30, 2025. Want to learn more about 398 NE 5th St #1518? Do you have questions about finding other Condo real estate for sale in Downtown? You can browse all Downtown real estate or contact a Coldwell Banker agent to request more information.

